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Monterey Gourmet Foods history
Monterey Gourmet Foods company history timeline
1989: The company is incorporated.
By the end of January investors had driven the stock price up more than 125 percent from opening day to $13.5, making it the sixth-best-performing new stock of the last quarter of 1993.
In 1993 they let him assume the strategic management of the company, first becoming MPC's chief financial officer and then its CEO.
In August 1995 management announced a major restructuring plan in which MPC would sell or close 20 restaurants in California and Texas.
1995: New CEO Norman Dean begins divesting restaurant chain; resigns abruptly.
It wasn't until mid-1997 that a new CEO was found in R. Lance Hewitt, another food industry veteran from spice makers McCormick & Co.
The growth of its grocery store base continued strongly into 1998 with penetration into Kentucky and Illinois.
By September 1999 Monterey Pasta was well on its way to a stunning comeback.
In November 2002 Monterey Pasta bought yet another firm, Emerald Valley Kitchen, an organic food manufacturer in Eugene, Oregon, for $5.74 million in cash.
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Monterey Gourmet Foods competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Andros Foods North America | 1939 | $3.0M | 750 | 3 |
| Sartori Company | 1939 | - | 376 | - |
| J Bar B Foods | 1959 | $850,000 | 50 | - |
| Jack Link's Protein Snacks | 1985 | $980.0M | 3,000 | 87 |
| Berner Food & Beverage | 1941 | $20.0M | 7 | 26 |
| Albanese Confectionery | 1983 | $60.0M | 59 | - |
| Haviland USA | 1934 | $173.8M | 2 | - |
| Ferrara Candy | 1908 | $1.3B | 4,000 | 48 |
| Simmons Pet Food | 1964 | $97.0M | 7,000 | - |
| Serviscreen | 1961 | $7.7M | 100 | - |
Monterey Gourmet Foods history FAQs
Zippia gives an in-depth look into the details of Monterey Gourmet Foods, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Monterey Gourmet Foods. The employee data is based on information from people who have self-reported their past or current employments at Monterey Gourmet Foods. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Monterey Gourmet Foods. The data presented on this page does not represent the view of Monterey Gourmet Foods and its employees or that of Zippia.
Monterey Gourmet Foods may also be known as or be related to Monterey Gourmet Foods and Monterey Gourmet Foods Inc.